Wavemaker Partners

Singapore’s Wavemaker Partners names ex-Facebook exec Andy Hwang as General Partner

Wavemaker Partners, a Singapore-based venture capital firm, has on Wednesday welcomed Andy Hwang as its new General Partner, as the firm celebrates 10 years of investing in the region. Hwang is transitioning into venture capital after angel investing and coaching startup founders full-time for the past year.

Cybersecurity startup watchTowr totals $10.25M in Pre-Series A investment

watchTowr will use the additional funds to continue enhancing the technology that underpins its proprietary platform and to seize growth opportunities that are arising from markets outside of Southeast Asia.

Wavemaker Partners closes fourth fund above goal at $136 million

Wavemaker Partners has closed its fourth fund at $136 million, making it the largest fund focused on early-stage (Seed/Pre-A) enterprise, deep tech, and sustainability startups in Southeast Asia. Surpassing its $120 million fundraising goal, Wavemaker's Fund 4 is 22 percent bigger than the previous fund ($111 million) that closed in October 2020. Fund 4…

Striking while the iron is hot: The Philippine venture scene is heating up and getting hotter

TechNode Global’s series on the Philippines will delve into why Filipino entrepreneurs and founders are attracting venture capital (VC) money in droves. In this second part, we explore the rise in Series B (and now, C) fundraising rounds out of the Philippines in 2021, and what it signals for the startup ecosystem as a whole. Seven founders share how much…

Wavemaker Partners launches climate tech venture builder Wavemaker Impact with $25M target for its first fund

Wavemaker Partners believes that climate change is an existential threat for the region, with three of its largest cities facing the threat of being underwater by 2050. Thus, the founders of Wavemaker Impact believe that entrepreneurs will drive solutions to addressing climate change and aim to launch companies that will reduce 10 percent of global…

Southeast Asia’s top 50 rising women in tech 2021 [Updated]

More and more venture capital (VC) firms and angel investors are wising up to the opportunity in investing in the region’s female founders. Despite the largely virtual deal-making environment over the past year due to COVID, women-led startups have secured multimillion-dollar rounds across a multitude of sectors.

Singapore’s cloud workflow startup Tessaract raises $3.3M in Wavemaker Partners-led Pre-Series A funding round

The round also includes CMIA Capital Partners, M Venture Partners, as well as angels, Anand Swaminathan and Doug Parker.

With $2.6M pre-Series A, Vietnam’s Dat Bike aims to drive the future of Southeast Asia’s e-bike market [Q&A with Founder & CEO Son Nguyen]

We want to transform the 250 million gasoline bikes in Southeast Asia to electric vehicles. We believe that if given a choice, everyone would pick electric over gas.

With growing use from increased digitalization, career and recruitment platform Glints secures $22.5M Series C for APAC expansion

The company plans to use the fresh capital to support its overall mission of empowering the career development of 120 million professionals in Southeast Asia by expanding in Singapore, Indonesia, Vietnam, and Taiwan, and hiring for its product and engineering teams. 

Digital ledger startup CrediBook secures $1.5M pre-Series A fund

Indonesia digital ledger solution CrediBook secures $1.5M pre-Series A fund to grow SME base

CrediBook is a digital ledger that allows business owners to manage and track their expenses, accounts receivables, and receipts through a mobile platform. It mainly offers solutions for SMEs to better track their financials